Despite market volatility, SIP inflows remained resilient in FY26, with monthly contributions hitting a record high of ₹32,086 crore in March 2026, the Reserve Bank’s Financial Stability Report (FSR) released on Tuesday.
“The number of outstanding SIP accounts continued to grow steadily, reflecting sustained retail participation.”
The report also noted, as of the end of May 2026, SIP assets under management (AUM) stood at ₹17.12 lakh crore. They made up 47.3% of equity mutual fund assets and 20.9% of the total domestic mutual fund AUM.
Key things to note:
- SIP inflows remained resilient despite market volatility, hitting a record monthly high of ₹32,086 crore in March 2026.
- The number of active SIP accounts continued to rise, which shows strong and steady participation from retail investors.
- As of May-end 2026, SIP AUM stood at ₹17.12 lakh crore, accounting for 47.3% of equity mutual fund assets and 20.9% of the overall domestic mutual fund industry.
Indian economy demonstrated remarkable resilience despite external shocks
In the Foreword to the report, RBI Governor Sanjay Malhotra said that the global economy and the financial system are being reshaped by two profound forces — growing geopolitical fragmentation and technological disruption brought about by rapid advances in artificial intelligence (AI).
Despite ongoing conflicts and persistent supply chain disruptions, the global economy has remained resilient, buoyed in part by optimism about potential AI-driven productivity gains, he said, adding that the near-term outlook, however, remains uncertain amid the rapidly evolving global environment.
“The Indian economy and the financial system have demonstrated remarkable resilience despite facing external shocks of significant magnitude. Strong growth, low inflation, healthy balance sheets of financial and nonfinancial firms, and ample buffers have helped preserve macro-financial stability,” Malhotra said.
“Nevertheless, we remain alert to evolving external and domestic risks and are committed to further strengthening the guardrails that protect our economy and financial system from potential shocks,” he said.
What is Financial Stability Report?
About the Financial Stability Report (FSR), the RBI said, “it is a halfyearly publication, with contributions from all financial sector regulators. It presents the collective assessment of the Sub Committee of the Financial Stability and Development Council on current and emerging risks to the stability of the Indian financial system.”